Cboe BZX asks SEC to approve first U.S. 3x leveraged Bitcoin and Ethereum ETFs
Cboe BZX Exchange has filed with the U.S. Securities and Exchange Commission seeking approval to list what it says would be the first U.S. 3x leveraged Bitcoin ETF and 3x leveraged Ethereum ETF, alongside triple-leveraged gold, silver, oil and gas funds. The proposed products are designed to deliver 3x (or -3x) the daily performance of their underlying assets. If approved, the filings would broaden the range of crypto ETFs available in the U.S. market. The move would bring leveraged crypto ETFs into view for U.S. regulators, according to the filing.